KB Securities Signs MOU with Global Asset Manager "Apollo"

KB Securities announced on October 28 that it had signed a memorandum of understanding (MOU) with global alternative investment manager Apollo Global Management (hereafter Apollo) to strengthen their strategic partnership in the global private credit sector.

On the 28th at the KB Securities headquarters, a commemorative photo was taken during the business agreement ceremony with (front row from left) Sunghyun Kim, CEO of KB Securities, and Matthew Michelini, Head of Apollo Asia Pacific, and (back row from left) Hyunjong Yang, Head of IB2 Group at KB Securities, Jindu Kang, Head of Management Planning Group at KB Securities, Meiling Lim, Head of Apollo Capital Solutions Asia Pacific, and Jaehyun Lee, Head of Apollo Korea. KB Securities

The signing ceremony was held at the KB Securities headquarters in Yeouido, Seoul, with key executives and working-level staff from both companies in attendance, including Sunghyun Kim, CEO of KB Securities; Jindu Kang, Head of Management Planning Group; Hyunjong Yang, Head of IB2 Group; Matthew Michelini, Head of Apollo Asia-Pacific; Jaehyun Lee, Head of Apollo Korea; and Meiling Lim, Head of Apollo Capital Solutions Asia-Pacific.

Apollo, established in 1990, is a global alternative investment manager overseeing approximately 1,200 trillion won in assets as of August 2025. The firm delivers excess returns across a wide range of asset classes, from investment-grade bonds to equities and private credit. In particular, Apollo is recognized as the world's top private credit manager by assets under management.

Since 2022, KB Securities has maintained a collaborative relationship with the Apollo Capital Solutions (ACS) team in the overseas acquisition finance sector. Through this business agreement, KB Securities plans to expand the scope of its partnership with Apollo in the global private credit field and further strengthen its deal sourcing and capital raising and arrangement capabilities.

With the opening of Apollo's Seoul office, domestic investment activities are expected to accelerate, and KB Securities is anticipated to play an active role as Apollo's key local partner. In addition, the overseas acquisition finance arrangement business, which previously involved only one or two deals annually, is projected to achieve more stable and sustainable growth going forward.

Sunghyun Kim, CEO of KB Securities, stated, "Apollo is one of the fastest-growing alternative investment managers in the global market and has established a leading position in the global private credit sector. Through our collaboration with Apollo, KB Securities will strengthen its role as a key domestic partner and further expand its partnership in the global private credit market, thereby enhancing the global financing capabilities of Korean financial institutions."

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